InstaMed, a Philadelphia-based healthcare payment network provider connecting providers, payers and consumers on one platform has raised $50 million in funding led by Carrick Capital Partners. The company plans to utilize the funding to accelerate the growth of the InstaMed Network, accelerate go-to-market strategy and drive further innovation in healthcare payments technology. As part of the latest round of funding, Jim Madden, Co-Founder and Managing Director of Carrick Capital Partners
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Health IT | News, Analysis, Insights - HIT Consultant
Philips, Emory Launch Australia’s First Remote Intensive Care Unit
Macquarie University has partnered with Philips and Emory Healthcare to launch Australia’s first remote intensive care unit (eICU) monitoring program to monitor patients around the clock. As part of the partnership, critical care nurses based onsite at Sydney’s Macquarie University’s MQ Health will utilize Philip’s eICU technology and Emory Healthcare’s intensivists to provide continuous critical care to patients back in the United States. How It WorksPhilips' eICU solution allows for near
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GE Healthcare Launches $50M Global Healthcare Accelerator, five.eight
GE Healthcare aims to fund up to $50 million for global health startups with the launch of its first healthcare accelerator, five.eight, aimed at improving healthcare outcomes for the world's developing economies. The accelerator will target global health startups with a vision to improve healthcare quality and accessibility in developing or low-resource settings – from education and training to disruptive, low-cost technologies and digital applications. Five.eight aims to welcome at least 10
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PwC: 5 Forces Shaping the New Health Economy Over the Next 10 Years
The US health industry is undergoing seismic change and consumers are playing a critical role in this transformation, according to PwC. The new report, “Surviving seismic change: Winning a piece of the $5 trillion US health ecosystem,” published by PwC’s Health Research Institute (HRI) reveals how American consumers are gradually finding themselves in the middle of this vast new health economy.HRI’s report lays out a vision for the US New Health Economy over the next 10 years, with likely gains
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Medsphere Systems Appoints Rita Schaefer Chief Financial Officer
OpenVista EHR provider Medsphere Systems Corporation has appointed Rita Schaefer has been named chief financial officer (CFO). Schaefer was previously CFO for ChartLogic, a healthcare IT solutions provider for physician practices that Medsphere merged with this past June. Schaefer joined ChartLogic in 2000, later becoming chief financial officer, and was a key participant in an acquisition, three rounds of investment and the merger with Medsphere.“When we began discussing the merger with
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Healthbox Taps Neil Patel as New President and COO
Innovation consulting firm and venture capital investment manager Healthbox has appointed Neil Patel to President and Chief Operating Officer. The announcement comes one month after former Healthbox CEO Nina Nashif stepped down pursue her own interests. Under his leadership, Neil will lead Healthbox’s vision of helping healthcare organizations successfully foster innovation.Healthbox has evolved from a healthcare accelerator to an innovation consulting firm and venture capital investment
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TransUnion Acquires RTech for $62M to Strengthen Revenue Cycle Offerings
This week, TransUnion announced it has acquired RTech (Healthcare Revenue Technologies, Inc), a technology-driven healthcare services company helping healthcare providers uncover hard-to-find, billable revenue and implement long-term improvements that generate future value.Under terms of the acquisition, TransUnion has agreed to pay $62 million consisting of approximately $51.9 million paid at closing and up to an additional $6.2 million, deposited in escrow at closing, upon satisfaction of
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Catalyze Raises $6.5M to Expand HIPAA Compliance & EHR Integration
Catalyze, Inc., a Madison, Wisconsin-based provider of HIPAA compliant cloud services for secure healthcare data has raised $6.5 million in Series B funding led by Lewis & Clark Ventures, with participation of existing investors, Arthur Ventures, Baird Venture Partners and Chicago Ventures.The latest investment round brings total Catalyze funding to more than $12.5 million since inception of its compliant cloud infrastructure. Catalyze plans to utilize the funding to expand its sales and
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Gavi, Philips Partner to Develop Immunization Data Platform in Developing Countries
Gavi, the Vaccine Alliance and Royal Philips announced this week that they have signed a letter of intent to jointly develop scalable digital transformation plans aimed at improving the quality of immunization data and its collection in primary and community healthcare. Their joint goal is to help Gavi supported countries improve the planning, coverage and impact of immunization programs. Routine immunization has played a key role in more than halving the annual number of child deaths since
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ePatientFinder Joins athenahealth’s “More Disruption Please” Marketplace
ePatientFinder®, a provider EHR-driven clinical trial recruitment has joined athenahealth's More Disruption Please (MDP) program and is now part of the athenahealth® Marketplace offerings — and its innovative solution for clinical trial recruitment is now available to athenahealth's growing cloud-based network of more than 80,000 healthcare providers. The partnership with athenahealth represent ePatientFinder's leadership role in solving the clinical trials recruitment challenge by leveraging
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